It's been a shocking yet overlooked decline: In 2000, 55% of American teens had a paying job at some point during the year; by 2011, that number was down to 28%. And among the 100 largest U.S. cities, New York ranked 95th in work rate for people age 16 to 19 and 97th among those 20 to 24.

The ramifications are huge because the estimated lifetime cost of each “disconnected youth”—individuals 16 to 24 years old who are neither in school nor working—is as much as $1 million in lost tax revenues and added social spending. When Mayor Bill de Blasio took office in 2014, New York City was home to 172,000 such young adults. What's he doing about it? Read Gabrielle Fialkoff's op-ed here.

Mayor cheers poverty decline, not Cuomo's hand in it

Some 281,000 city households will have moved out of poverty or near-poverty by the end of Mayor Bill de Blasio's first term, an estimate based on Albany's raising the minimum wage. But in celebrating the number yesterday, the mayor did not specifically credit Gov. Andrew Cuomo, who championed the increase after having opposed it early in his tenure. Rosa Goldensohn has the details.

From Mongolia to NYC

Entrepreneurship was essentially nonexistent in Mongolia when Khulan Davaadorj launched her organic skin care company there. Now she's in five countries.

Last week she came to New York City to see how the Big Apple's top entrepreneurs succeed. Jeremy Smerd has more.

Creative tower plan challenged by locals

A clever assemblage of Upper West Side parcels enables the construction of what would be the neighborhood's tallest tower, according to its would-be developer. But locals who hate height (and don't need a place to live) are challenging the plan at the city's Department of Buildings. Joe Anuta has the story.

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